Category Archives: Bitcoin

Bitcoin Rainbow Chart Says Price Is Ranging Above $60,000 For A Reason, Here’s Why

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Crypto analyst Kabuki has explained why the Bitcoin rainbow chart shows that the price range is above $60,000. The analyst noted that BTC is mirroring past cycles and suggested that a base may be forming soon for the leading crypto.  Bitcoin Rainbow Chart Shows Why Price Is Ranging In an X post, Kabuki said that… Continue reading Bitcoin Rainbow Chart Says Price Is Ranging Above $60,000 For A Reason, Here’s Why→

Can An Altcoin Season Come Again? Why Bitcoin Price Can’t Fall Below $40,000

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Bitcoin has been holding above $65,000 for over a month now, and this price level is starting to carry more weight than it seems on the surface. The current structure is no longer just about short-term volatility, but a question about whether the market is building a base or setting up for one more lower… Continue reading Can An Altcoin Season Come Again? Why Bitcoin Price Can’t Fall Below $40,000→

Bitcoin Sits 45% Below Its Peak As Short Sellers Absorb $276M In Losses

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West Texas Intermediate crude has hit $115 a barrel, gasoline prices in the US are up nearly 40% since late February, and Bitcoin is still trying to break through a wall it has failed to climb six times now. That is the world Bitcoin finds itself in on Monday as it briefly touched $69,550 —… Continue reading Bitcoin Sits 45% Below Its Peak As Short Sellers Absorb $276M In Losses→

Bitcoin Next Big Move In Mid-April? Analyst Explains Why ‘Decision Time’ Could Be Near

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As Bitcoin (BTC) attempts to reclaim a key resistance area, an analyst has suggested that the end of BTC’s two-month consolidation could be weeks away, potentially opening “generational opportunities” before the next bull run. Bitcoin Consolidation’s End May Be Weeks Away On Monday, Bitcoin jumped 5% from Sunday’s lows to a key area for the… Continue reading Bitcoin Next Big Move In Mid-April? Analyst Explains Why ‘Decision Time’ Could Be Near→

Bitcoin Mood Sours To Levels Not Seen Since Late February

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Bitcoin is sitting just below $70,000, but the sharper signal may be in the derivatives market: roughly $6 billion in short positions would be forced out if the price climbs to $72,500, according to data from Santiment. That comes as Bitcoin keeps testing the same ceiling again and again, with the market showing signs of… Continue reading Bitcoin Mood Sours To Levels Not Seen Since Late February→

Strategy Signals Fresh Bitcoin Buy As Saylor Tweets ‘Back To Work’

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With Bitcoin trading near $69,000, Strategy is sitting on an unrealized loss on its large cryptocurrency holdings, yet the company’s founder shows no sign of pulling back. Saylor’s Orange Dot Returns Michael Saylor posted what followers recognized immediately: the orange dot chart his company uses to signal a fresh round of Bitcoin buying. The post,… Continue reading Strategy Signals Fresh Bitcoin Buy As Saylor Tweets ‘Back To Work’→

Analyst Who Called Bitcoin Price Crash Above $100,000 Predicts Crash To $29,000

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The Bitcoin price has surged back above $69,000 after experiencing a major decline last week. While the price appears to be rebounding from the downtrend, a market analyst has warned that the BTC could still face another price crash. After projecting its decline from above $100,000, the analyst now forecasts a price plunge to $29,000,… Continue reading Analyst Who Called Bitcoin Price Crash Above $100,000 Predicts Crash To $29,000→

Analyst Says Bitcoin Hasn’t Seen A True Bottoming Formation Yet, What This Means For Price

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Crypto analyst LP has declared that Bitcoin hasn’t seen a true bottoming formation yet, despite the price looking to form strong support at current levels. This comes as BTC looks to reclaim the psychological $70,000 amid talks of a ceasefire between the U.S. and Iran.  Bitcoin Is Still At Risk As The Price Is Yet… Continue reading Analyst Says Bitcoin Hasn’t Seen A True Bottoming Formation Yet, What This Means For Price→

Here’s Why The Bitcoin And Ethereum Prices Could Keep Crashing This Week

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Bitcoin and Ethereum prices are still trending low coming out of the weekend, and there is the possibility that this could continue this new week. A number of developments have hit the crypto market recently that could deepen the already negative sentiment surrounding the crypto industry. Thus, with Bitcoin and Ethereum being the foremost digital… Continue reading Here’s Why The Bitcoin And Ethereum Prices Could Keep Crashing This Week→

Bitcoin LTH SOPR Indicates Concerning Capitulation Levels — What Does This Mean For Price?

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Prominent market analyst with the pseudonym RugaResearch has drawn attention to recent developments with Bitcoin long-term holders (LTH) Spent Output Ratio (SOPR), indicating that these key participants are exiting their positions at a significant loss. Bitcoin LTH SOPR: Quiet Market Divergence The SOPR compares the price at which coins were last moved (cost basis) to… Continue reading Bitcoin LTH SOPR Indicates Concerning Capitulation Levels — What Does This Mean For Price?→